Pages:
Author

Topic: Is USD being used for illegal activities? (Read 20141 times)

jr. member
Activity: 161
Merit: 1
0xf54CA5618b90810722B0e833DC150a97743A40B4
April 14, 2018, 05:35:07 AM
http://edition.cnn.com/2009/HEALTH/08/14/cocaine.traces.money/

90% of US dollar carry traces of cocaine...

USD is the best currency to pay for illegal activities. It is untraceable and totally anonymous. Even better than Monero Tongue
member
Activity: 238
Merit: 10
It is the duty of the authority to deal with those bad elements who uses USD for their illegal activities not the USD itself. USD is just a currency, it has nothing to do with the illegal activities.
member
Activity: 224
Merit: 10
All currencies are subject to be used in illegal activities like drug dealing, funding terrorism, illegal arms dealing etc. I believe its one of the most abused things in the world, existence of money creates more evil and greedy people but not all.
newbie
Activity: 37
Merit: 0
If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means.

When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap.

So, using dollars for that kind of person will make the job easier
hero member
Activity: 952
Merit: 500
Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
i think it can be seen from purpose of its use, because i think it is global currency used as basis of other currencies, so more flexible when used for transactions between countries, it is used by people who are not responsible
The possibility is already given, since bitcoin has a value and it's money, therefore it can be use in any transaction.
But, its more easy to track using bitcoin so people who are doing like this illegal transaction can easily be caught, now the government is more focus on regulating the crypto.
jr. member
Activity: 54
Merit: 3
99.999999% of all crime is committed using fiat! It's the biggest misconception in cryptocurrency that it's primary use is for illicit purposes
full member
Activity: 434
Merit: 105
ADAB ICO
Not just USD but all of the currency that they could use is being used by the terrorist so basically everything that have a value is being used for illegal activities,
There is nothing new to this, Even Bitcoin when it was introduce they used it in some illegal activities like buying some illegal drugs or guns.
full member
Activity: 1050
Merit: 100
Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
i think it can be seen from purpose of its use, because i think it is global currency used as basis of other currencies, so more flexible when used for transactions between countries, it is used by people who are not responsible
newbie
Activity: 84
Merit: 0
Any currency can be used for illegal activities. But I think cryptocurrencies can be used for this more often.
member
Activity: 224
Merit: 10
The vast majority of the funding for various terrorist organizations such as the Islamic State and the Al Nusra Front are sourced in the form of the United States Dollar.
full member
Activity: 518
Merit: 100
Euro is more suitable than USD for illegal activities. Since there are 500euro papers which hold a lotmore value than 100$. To answer your question, of course it is being used for illegal activities. It doesn't make USD guilty. USD is the most common currency around the world, thw most liquid... That's why terrorists choose USD over everything else.

However, the dollar still remains the main currency that is used for illegal activity. Some people say that the crypto is the perfect money for criminals, but it is not true.
full member
Activity: 252
Merit: 100
Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
full member
Activity: 476
Merit: 101
It's not only USD but gold or silver can also be used in illegal. USD is just widely accepted so it's getting used more than any valuable things like jewelries.
full member
Activity: 630
Merit: 103
Euro is more suitable than USD for illegal activities. Since there are 500euro papers which hold a lotmore value than 100$. To answer your question, of course it is being used for illegal activities. It doesn't make USD guilty. USD is the most common currency around the world, thw most liquid... That's why terrorists choose USD over everything else.

All fiat currencies arround the world can be use both in legal and illegal activities including the gold. It just happen that the US dollar currency is the most commonly used all over the world for daily spending so therefore it is unfair to the US dollar to become the center of attraction for all illegal activities that are happening in the whole world.
member
Activity: 700
Merit: 10
Dollars is acceptable around the world and thats why many illegal activity using dollars. But I think, illegal activity can use any currency and its depending on user want to do illegal acitivity or maybe charity.
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
Look around you, any type of currency can be used for illegal activities and not just the USD. Yeah, the almighty USD would probably be king in terms of usage for illegal acts but that's looking at the bigger picture. If you check news around the world, you'll see people buying drugs from their local peddler or even hiring someone to murder someone. On a granular level, you'll see that local currency is used to fund these illegal activities. So singling out the USD would be a a bit of a stretch as it's not the only one used.
member
Activity: 280
Merit: 12
Loading
The discussion of the extraordinary problem, I think terrorists are part of the officers who work to smuggle weapons.

Times not from where can be terotis have weapons, ordinary people will not be able to smuggle weapons of war to be sold.

The weapon must be part of the smuggling of weapons by one of the state apparatus.

So buyers use weapons for payments as assigned by those who pay them.

Not necessarily USD is used for illegal activities.

Funding the war on drugs, it is the duty of the local government apparatus.

And there are also officers who help the drug circulation in our country.

The scheme of all blind people if it is paid for a large fee whatever they want to do something big risk for a great smell.

I have already mentioned a lot not just thugs who are paid for by crime but the state government apparatus also take part in this big risky thing.

More state apparatus are doing things like this than thugs around us.

Thugs only dare to commit crimes around him while the authorities can commit crimes greater than thugs.

It's enough we discussed things like this, now let's discuss about the development of cripto money just for the future of us all.

Let me be more fun for forums and forum members who are here ..
newbie
Activity: 196
Merit: 0
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

of course USD is being used for illegal activities sometimes terrorist funding. Definitely much more than bitcoin. Yet bitcoin is being slammed for that part. We need to manage to prevent this from happening, both with btc and usd
member
Activity: 117
Merit: 12
any currency is used for illegals, like any person has a dark side. will the gov stop - no, try to put under control - definetly.
member
Activity: 150
Merit: 10
Well i think most of the top currencies can be used for illegalities. We can observe that in some news. Wherever illegal activities took place. Although it is doubted to be used for that, this can never drag down dollar currency. It will always depend on it is being used. Could either be bad or good.
all things related to money can be used for illegal activities, whether it is USD, bitcoin, gold, stocks, drugs or anything that can be used to make you rich can be used for illegal activities, depending on how we use the money, I think not a problem but human beings do tend to gain wealth quickly regardless of whether it is legal or illegal, what matters to humans is to seek satisfaction and lust for riches
Pages:
Jump to: